Swiss National Bank Portfolio holdings
The Swiss National Bank (SNB), founded in 1907 and headquartered in Zurich with an office in Bern, is Switzerland’s central bank, responsible for conducting monetary policy, issuing the Swiss franc, and ensuring price stability, while uniquely managing a massive investment portfolio. Unlike most central banks, the SNB is a joint-stock company with shares traded on the SIX Swiss Exchange, owned roughly 55% by public entities like cantons and 45% by private investors, yet it operates independently under federal oversight. It holds over $800 billion in foreign currency reserves as of late 2024—invested in global equities, bonds, and gold—to manage the franc’s value, famously intervening in markets to prevent excessive appreciation, as seen with the 2015 abandonment of the euro peg. Led by Chairman Thomas Jordan until his planned exit in September 2024, the SNB balances its dual role as a monetary authority and a significant global investor, influencing both Swiss and international financial stability.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$91.5M |
| 2 |
VRN
Veren
VRN
|
+$44.4M |
| 3 |
Perrigo
PRGO
|
+$25.6M |
| 4 |
VER
VEREIT, Inc.
VER
|
+$7.63M |
| 5 |
Liberty Global Class C
LBTYK
|
+$6.77M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$51.2M |
| 2 |
COLE
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
|
+$43.4M |
| 3 |
ExxonMobil
XOM
|
+$41.4M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$27.7M |
| 5 |
Microsoft
MSFT
|
+$27.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.36% |
| 2 | Technology | 13.06% |
| 3 | Energy | 11.79% |
| 4 | Industrials | 11.18% |
| 5 | Consumer Staples | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FCRD
2201
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $424K | ﹤0.01% |
30,700
+100
| +0.3% | +$1.54K |
|
2202
StoneX
SNEX
$7.81B
| $423K | ﹤0.01% |
113,906
+56,193
| +97% | +$204K |
|
|
SGYP
2203
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $423K | ﹤0.01% |
79,700
+12,066
| +18% | +$67.6K |
|
2204
CBIZ
CBZ
$2.95B
| $419K | ﹤0.01% |
45,700
+6,300
| +16% | +$56.5K |
|
2205
Enterprise Financial Services Corp
EFSC
$2.38B
| $419K | ﹤0.01% |
20,864
+4,400
| +27% | +$84.1K |
|
|
DTSI
2206
DELISTED
DTS, Inc.
DTSI
| $419K | ﹤0.01% |
21,200
+4,400
| +26% | +$92.8K |
|
|
SRDX
2207
DELISTED
Surmodics
SRDX
| $418K | ﹤0.01% |
18,500
+2,800
| +18% | +$68.4K |
|
|
RTK
2208
DELISTED
Rentech, Inc.
RTK
| $418K | ﹤0.01% |
22,000
+5,790
| +36% | +$108K |
|
|
GLUU
2209
DELISTED
Glu Mobile Inc.
GLUU
| $417K | ﹤0.01% |
88,000
+20,500
| +30% | +$94.5K |
|
2210
Kadant
KAI
$3.94B
| $416K | ﹤0.01% |
11,400
+2,700
| +31% | +$102K |
|
2211
HCI Group
HCI
$2.3B
| $415K | ﹤0.01% |
11,400
+2,200
| +24% | +$96.4K |
|
|
XONE
2212
DELISTED
The ExOne Company
XONE
| $414K | ﹤0.01% |
11,550
+2,600
| +29% | +$124K |
|
|
UBA
2213
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $413K | ﹤0.01% |
20,000
+5,900
| +42% | +$114K |
|
|
TDAY
2214
USA Today Co
TDAY
$1.05B
| $411K | ﹤0.01% |
+27,362
| New | +$384K |
|
|
SEAC
2215
DELISTED
Seachange International Inc
SEAC
| $409K | ﹤0.01% |
1,960
+285
| +17% | +$64.7K |
|
|
GLF
2216
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $409K | ﹤0.01% |
9,100
+1,300
| +17% | +$57.6K |
|
2217
Universal Technical Institute
UTI
$1.47B
| $407K | ﹤0.01% |
31,400
+4,600
| +17% | +$60.5K |
|
|
REGI
2218
DELISTED
Renewable Energy Group, Inc.
REGI
| $406K | ﹤0.01% |
33,900
+19,800
| +140% | +$219K |
|
2219
UNIFI
UFI
$129M
| $404K | ﹤0.01% |
17,500
+2,800
| +19% | +$68.3K |
|
|
LAYN
2220
DELISTED
Layne Christensen Co
LAYN
| $402K | ﹤0.01% |
22,100
+3,100
| +16% | +$54.6K |
|
2221
First Bancorp
FBNC
$2.68B
| $401K | ﹤0.01% |
21,100
+4,400
| +26% | +$78.6K |
|
2222
Hawkins
HWKN
$2.73B
| $400K | ﹤0.01% |
21,788
+5,000
| +30% | +$89.3K |
|
|
MODV
2223
DELISTED
ModivCare
MODV
| $399K | ﹤0.01% |
14,100
+2,400
| +21% | +$63.8K |
|
2224
SiriusPoint
SPNT
$2.63B
| $399K | ﹤0.01% |
25,200
+10,000
| +66% | +$161K |
|
2225
Rigel Pharmaceuticals
RIGL
$778M
| $398K | ﹤0.01% |
10,250
+2,700
| +36% | +$96.3K |
|
Similar funds
Swiss National Bank's Q1 2014 Portfolio in Review
As of Q1 2014, Swiss National Bank held 2,515 positions worth $25.5B, down 0.58% from $25.6B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Trading was light in Q1 2014: portfolio turnover was 1.2%. Swiss National Bank opened 8 new positions and exited 21, leaving the 2,515-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 13% a quarter earlier, followed by Technology and Energy.
- Swiss National Bank's largest Q1 2014 buy was Veren: 1,374,746 shares worth $46M.
- Swiss National Bank added most to Verizon in Q1 2014, an estimated $91.5M increase.
- Swiss National Bank's biggest Q1 2014 reduction was Apple, cutting an estimated $51.2M.
- Swiss National Bank fully exited COLE REAL ESTATE INVESTMENTS, INC COM in Q1 2014, selling an estimated $43.4M.
- Swiss National Bank's ten largest holdings make up 13% of its $25.5B portfolio in Q1 2014.
- Swiss National Bank opened 8 new positions and closed 21 in Q1 2014.
- Swiss National Bank's portfolio value fell 0.58% quarter-over-quarter to $25.5B.
Based on Swiss National Bank's 13F filing for Q1 2014, filed 6 May 2014.